Horizon Actuarial Services is the recent victim of a cyber attack, and the culprits behind the data breach attack have successfully got all the information they ever needed. The scammers were too ignorant in their approach and even dared to expose their attack by sending a notification to the underlying firm.
Sadly, the crooks have not been arrested yet, and the damage caused by them might be more than hundreds of thousands of dollars. Of course, there are protective things one needs to do on the safer side, which we will discuss below. Horizon Actuarial has provided tips and complimentary services to help users navigate the situation safely.
However, the entire infrastructure isn’t foolproof, and you must always be alert to reduce further damage. Review the following content to know more about this incident and how to tackle the problem. If you need assistance with financial recovery, then reach out to us via the contact form.
Data breaches are common, and regardless of how protected the servers are, vulnerabilities will always be present. As data is digital gold, anyone accumulating personal information will likely make a fortune. Victims of identity fraud will have a tough time, and the extent of losses they have to suffer will be immense.
Sometimes, it might take several decades to undo the damage, and things like bad credit scores are not easy to rebuild. So, be extremely careful about your finances and online activities.
More importantly, never feed your data to any unknown platform. Remember, the key is to be cautious and monitor the activities closely to freeze associated accounts quickly, even if something out of the blue happens.
Horizon Actuarial Data Breach Explained
Horizon Actuarial Services handles thousands of members, storing their personal information on their servers. Of course, they have taken every step necessary to encrypt the data and make the information hard to access for other parties.
Unfortunately, due to how technology works, there is no such thing as a foolproof system, and cybercriminals are always looking for ways to exploit the system. In this case, the culprits most likely breached the servers on November 10th and 11th of 2021.
After the incident, they even sent a warning to Horizon Actuarial Service, and that kind of move showcases the audacity they have. As the information was leaked, thousands of people were affected, and it does pay to monitor your banking activities for a while.
Get in touch with our affiliated Cryptocurrency Forensic Specialists at CNC Intelligence for free by filling out the form below.
Steps Taken by Horizon Actuarial
Horizon Actuarial is supposed to keep the information of the clients private. Of course, the data breach was something no one anticipated, but now an investigation is taking place.
Horizon Actuarial encourages all potentially impacted parties to review their account statements and monitoring notices, including any Explanation of Benefits and their free credit reports, for suspicious activity and errors to prevent identity theft or fraud and take advantage of complimentary identity monitoring services.
Employ 2 FA methods for all your banking websites and apps. Lastly, do not forget to monitor your bank account regularly. If you see anything suspicious, freeze the accounts immediately and report the transactions to the bank.
Need Help?
You need to act quickly if you have suffered a financial loss due to the breach or noticed suspicious activities in your statements. Contact our team to get started with the recovery process, and let us hook you up with an actionable plan.
Take advantage of our free services and start tackling the culprits at the earliest. The sooner you begin, the faster the entire retrieval process will be.
Public Reaction
Horizon Actuarial Services data breach affected a lot of lives. People were shocked by it; as always, many shared their experiences with the notice letters on social media platforms.
Below, we have gathered a couple of Reddit users’ comments. Take a look at them to understand the kind of confusion this incident created.
I got this letter from a loan servicing company called “Pingora Loan Servicing.” I have never had a loan with them, so I’m 95% sure that this is a scam.
Same. Seems really fishy. I wouldn’t do anything without further research. I have a feeling this is a Trojan scam. I changed to a different account.
End Note
The data breach suffered by Horizon Actuarial Services is yet another wake-up call. It shows us the kind of alertness an organization should have to be one step ahead of the criminals. As the damage has already been inflicted, be careful and do not ignore safety precautions for any reason.
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